Nine Buena Vista University business majors have been selected for the Clifford A. Rae Academic Achievement Award for the 2012 calendar year. The awards — which range up to $5,000 — were created by a $750,000 endowment from the foundations established by Dr. Harold Walter Siebens and named after the long-time advisor and counsel to Siebens and the foundations.

“On behalf of the faculty and staff of the Harold Walter Siebens School of Business, I congratulate all of the recipients of this prestigious award,” says Dr. Ashok Subramanian, dean of the School. “They have earned every bit of it. Being the very best in a cadre of talented students is a laudable achievement and the magnitude and stature of the award is a recognition of their excellence.”

The endowment supports annual awards for three pre-qualified, academically high-performing BVU business majors in each of the second, third and fourth years of school — a total of nine students per year. The program is distributing $30,000 in awards this year.

The recipients are:

4th Year: Kyle Auffert, accounting major from Clarinda; Justus McDermott Harris, economics and public administration double major from Boone; Roseanna Storbakaken, management and Spanish double major from Sibley.